Market

CBK Announces New Bonds, Tawarruq Worth KD 160 Million

The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).

The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is t…

Non-Energy Private Sector Continues to Expand in July

Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.

Output and new or…

Gold Prices Fall by More Than 2 Percent

Gold prices on Monday fell by more than 2 percent, amid a broad-based sell-off in stocks driven by growing economic concerns.

Spot gold fell 2.2 percent to $2,389.79 per ounce, while US gold futures lost 1.6 percent to $2,430.

As for other precious …

Bahrain All Share Index marks 1,931.24 points

Manama, Bahrain All Share Index has closed at 1,931.24 points, marking a decrease of 20.09 points below the previous closing.

This decrease was due to the drop in the financial sector and the real estate sector.

Bahrain Islamic Index has closed at 7…